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1. yieldc+(OP)[view] [source] 2024-01-25 01:11:16
OpenAI raised $130 million when it was only a non profit and had difficulty doing more, despite the stacked deck and start studded staff and same goal that would value participation units at $100bn

that’s the real lesson here. we can want to redo OpenAI all we want but the people will not use their discretion in funding it until they can make a return

replies(1): >>insane+f92
2. insane+f92[view] [source] 2024-01-25 18:48:13
>>yieldc+(OP)
yeah, this was ultimately the problem

it turned out that AI research required $ billions to run the LLMs, something that was not originally anticipated; and the only way to get that kind of money is to sell your future (and your soul) to investors who want to see a substantial return

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